Eicom Plc is into the management and optimizing usage of digital airwaves for television broadcasting. Performance Channel and SciTech TV are the two channels that the company presently operates.
Past performance and Future plans:
Eicom management has announced plans to expand their business outside the UK in the near future, which is their primary market as such. This would entail adopting newer technologies like broadband and Internet Protocol Television in the future. In the eighteen month period spanning from January-2005 to June-2006, the multimedia group had announced a turnover of 1,016,000 pounds. During the same period the group registered an EBITDA loss of 1,572,000 pounds leading to a net loss of 1,885,000. These numbers may not make the shareholders happy. But given the plans for expansion, most revenue from the new channels will translate into profits as fixed costs for the expansion had already been covered. . . . Read More
Stormnetmedia is a leading multimedia company in the United Kingdom offering high quality CD and DVD duplication services at very competitive prices. The company has a strong customer base in London, Birmingham, Warwickshire and the Midlands. The video and DVD production are of broadcast quality. The company also provides encoding services for data protection. Other services provided include web designing, online education solutions and database applications.
The Management Team and Employee relations:
The company boasts of some of the best qualified veterans of the industry at the helm. The corporate culture within the business entity is also very advanced, especially the openness with which new team members are welcome. For example, in their own words the company “empowers our people, future team members will be recognized for their contributions and have the opportunity to grow their careers with the . . . Read More
IT professionals require an awareness of the business, economic, legal and social issues of Computing Technology in the modern world.
Before we delve into the reasons for Digital Rights Management’s disapproval let us overview the case in support of it. The case for enterprise DRM is synonymous with the case for a well-articulated, role-based technology and data protection policy. DRM simply moves the point of data security from . . . Read More
Corporations whose shares are traded publicly must issue an Annual Report at the end of each financial year for the perusal of its shareholders and other stakeholders. The stakeholders could be potential investors, creditors, employees, regulating agencies and competitors. In other words, Annual Reports indicate the financial health of a corporation to all concerned. It contains such information as financial statements, the Chairman’s statement, and the management’s assessment of prospects in the following years. The reports comprise a mix of charts, graphics and their descriptions. Some landmark events such as acquisitions or additional issue of stocks also find a place in these reports.
The stock market crash of 1929 resulted in stringent standards applied to the preparation of Annual Reports. Hence the report has to be audited by a qualified accounting professional. The auditor’s role is to check for any intentional or accidental errors in the . . . Read More
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How well a business corporation performs in financial terms is significant for a broad group of people that includes potential/existing investors, creditors, employees or managers. With differing information needs and purposes, each category of stakeholders should be provided with data that is comprehensive, relevant and reliable, so as to allow an informed opinion to be reached on the corporation’s financial performance. However, all too often, the general public is left out of this equation. A . . . Read More